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Acerias Paz del Rio (BOG:PAZRIO) Debt-to-Equity : 0.26 (As of Dec. 2023)


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What is Acerias Paz del Rio Debt-to-Equity?

Acerias Paz del Rio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP219,756 Mil. Acerias Paz del Rio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP42,757 Mil. Acerias Paz del Rio's Total Stockholders Equity for the quarter that ended in Dec. 2023 was COP993,959 Mil. Acerias Paz del Rio's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Acerias Paz del Rio's Debt-to-Equity or its related term are showing as below:

BOG:PAZRIO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.2   Max: 0.34
Current: 0.26

During the past 11 years, the highest Debt-to-Equity Ratio of Acerias Paz del Rio was 0.34. The lowest was 0.07. And the median was 0.20.

BOG:PAZRIO's Debt-to-Equity is ranked better than
67.09% of 556 companies
in the Steel industry
Industry Median: 0.415 vs BOG:PAZRIO: 0.26

Acerias Paz del Rio Debt-to-Equity Historical Data

The historical data trend for Acerias Paz del Rio's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Acerias Paz del Rio Debt-to-Equity Chart

Acerias Paz del Rio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.34 0.20 0.25 0.26

Acerias Paz del Rio Quarterly Data
Sep18 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.26 0.31 0.27 0.26

Competitive Comparison of Acerias Paz del Rio's Debt-to-Equity

For the Steel subindustry, Acerias Paz del Rio's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Acerias Paz del Rio's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Acerias Paz del Rio's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Acerias Paz del Rio's Debt-to-Equity falls into.



Acerias Paz del Rio Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acerias Paz del Rio's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Acerias Paz del Rio's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Acerias Paz del Rio  (BOG:PAZRIO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Acerias Paz del Rio Debt-to-Equity Related Terms

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Acerias Paz del Rio (BOG:PAZRIO) Business Description

Traded in Other Exchanges
N/A
Address
Edificio Megabanco, Piso 6, 13-26, Calle 100, Bogota, COL, 4260
Acerias Paz del Rio SA is a steel production company. It is engaged in the manufacturing of steel products and derivates used in the industrial, metallurgical, construction and agricultural sectors.

Acerias Paz del Rio (BOG:PAZRIO) Headlines

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